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Canbank Factors Ltd, a subsidiary of Canara Bank, has recorded a net profit of Rs 5.2 crore for the quarter ended 30 September 2003, up 14.54 per cent over the corresponding period in the previous year. This performance comes on...
#bank
The effects of the steady decline in the interest rates have been sharply divergent for frontline companies (large and mid…
#economy#interest#interest rates
Small and medium enterprises (SMEs) in India and South Africa will benefit from a preferential trade agreement expected to be…
Canara Bank has signed a memorandum of understanding (MoU) with the Small Industries Development Bank of India (SIDBI) for co-financing…
Leading Indian and foreign banks, including Citigroup, Deutsche Bank, Syndicate Bank, ICICI Bank, and State Bank of India, have evinced…
#bank#Deutsche Bank#international
The Export Credit Guarantee Corporation of India (ECGC) plans to open satellite branches across the country to create a widespread…
A snap poll of small- and medium-sized enterprises (SMEs) conducted by the Confederation of Indian Industry (CII) shows a competitive…
#exports#international#smes
The central council of the Institute of Chartered Accountants of India (ICAI) yesterday (17 September) approved the modifications to the…
#cash-flow#compliance#i
Attorney General Soli J Sorabjee today defended the Securitisation Act in the Supreme Court. The Court was hearing petitions challenging…
#banks#financial institutions#interest
Bank of Baroda and Small Industries Development Bank of India (SIDBI) have teamed up to co-finance the small-scale industries (SSI)…
The securitisation market in India may grow at a compounded annual growth rate (CAGR) of 40-50 per cent in the…
Two crucial provisions in the Securitisation and Reconstruction of Financial Interest and Enforcement of Security Interest Act, enabling banks and…
The phase of prolonged slowdown and demand recession appears to be finally over for Indian industry. The manufacturing sector is…